Gilded Age Quiz

Which term best describes an economic system where the government does not interfere with business operations?

• Command Economy

• Laissez Faire

• Mixed Economy

• LeaveMeAlone Economy

Which invention most significantly accelerated (increased the speed of) the progress of the Industrial Revolution?

• The Rubik Cube

• The steam engine

• The spinning jenny

• The mechanical reaper

This is defined by the presence of only one producer or seller for a good or service? For example, if there was only one gas company, price of gas would sky rocket due to no competition from other gas stations.

• Micropoly

• Oligopolymollydolly

• Monopoly

• Perfect competition

Which of the following was a characteristic or big part of the Gilded Age in the United States?

• The development of video games.

• Major inventions and innovation advancements

• Decreased urbanization

• Low levels of industrial activity

How did the use of steam engines impact industries during the industrial revolution?

• They decreased the overall production speed

• They were primarily used for transportation, not in industries

• They enabled more efficient (faster producing) machinery operation

• 1,000 Big Mac's were made every second.

What was the primary goal of a labor union during "The Gilded Age"?

• To promote individual entrepreneurship

• To decrease the overall number of jobs available

• To improve working conditions, wages, and benefits for its members

• To support the expansion of industrial owners

Who is known for inventing the electric light bulb, acoustic recording on wax cylinders, and motion pictures?

• Alexander Graham Bell

• Mr. Gordon

• Thomas Edison

• George Eastman

Who is credited with inventing the telephone in 1876?

• Thomas Edison

• Alexander Graham Bell

• Nikola Tesla

• Ronald McDonald

What significant achievement is credited to the Wright Brothers in 1903?

• Inventing the typewriter

• Inventing the paper airplane

• Achieving the first sustained, controlled flight in a powered airplane

• Developing mass production techniques for automobiles

What was the primary effect of the Gilded Age Immigration between 1870-1920 in the United States?

• Decrease in urban population

• Economic decline

• Rapid economic growth (much money made)

• Decreased industrial activity